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| 6/11/2011 |
A Real Debate About Drug Policy: George P. Shultz and Paul A. Volcker on why the 'war on drugs' has failed--and what to do next "The global war on drugs has failed, with devastating consequences for individuals and societies around the world." That is the opening sentence of a report issued last week by the Global Commission on Drug Policy. Both of us have signed on to this report. Why? We believe that drug addiction is harmful to individuals, impairs health and has adverse societal effects. So we want an effective program to deal with this problem. The question is: What is the best way to go about it? For 40 years now, our nation's approach has been to criminalize the entire process of producing, transporting, selling and using drugs, with the exception of tobacco and alcohol. Our judgment, shared by other members of the commission, is that this approach has not worked, just as our national experiment with the prohibition of alcohol failed. Drugs are still readily available, and crime rates remain high. But drug use in the U.S. is no lower than, and sometimes surpasses, drug use in countries with very different approaches to the problem. (Wall Street Journal) | |||
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| 3/13/2011 |
Scientists: Japan Fallout Won't Rival Chernobyl's Even if the Japanese nuclear plant damaged in the earthquake goes into full meltdown, it is unlikely to cause environmental fallout anything on the scale seen after the 1986 Chernobyl disaster, scientists said. "As long as there's no meltdown of the fuel rods, you're in good shape," said Kirby Kemper, a nuclear physicist at Florida State University. But if pressure from gases in the nuclear core builds up, "a crack could appear in the containment vessel and release radiation," he said. Thousands of evacuees from areas around Japan's Fukushima nuclear power plant were scanned for radiation exposure, though the Japanese government insists radiation levels are low. Video courtesy of Reuters Tokyo Electric Power Co.'s (9501.TO) Fukushima Daiichi Nuclear Power Station, situated about 150 miles north of Tokyo, was shaken by an 8.9-magnitude earthquake Friday. A tsunami and aftershocks also hit the area. (Wall Street Journal) | |||
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keywords: Boron, Chernobyl, Comprehensive Nuclear Test Ban Treaty, Earthquakes, Florida State University, Fukushima, Institute For Policy Studies, Japan, Ken Bergeron, Nuclear Power Plants, Pennsylvania, Robert Alvarez, Sandia National Laboratories, Three Mile Island, Tokyo Electric Power CO, US Department Of Energy, United States
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| 3/2/2011 |
Why the Dollar's Reign Is Near an End For decades the dollar has served as the world's main reserve currency, but, argues Barry Eichengreen, it will soon have to share that role. Here's why--and what it will mean for international markets and companies. The single most astonishing fact about foreign exchange is not the high volume of transactions, as incredible as that growth has been. Nor is it the volatility of currency rates, as wild as the markets are these days. Instead, it's the extent to which the market remains dollar-centric. Consider this: When a South Korean wine wholesaler wants to import Chilean cabernet, the Korean importer buys U.S. dollars, not pesos, with which to pay the Chilean exporter. Indeed, the dollar is virtually the exclusive vehicle for foreign-exchange transactions between Chile and Korea, despite the fact that less than 20% of the merchandise trade of both countries is with the U.S. Chile and Korea are hardly an anomaly: Fully 85% of foreign-exchange transactions world-wide are trades of other currencies for dollars. What's more, what is true of foreign-exchange transactions is true of other international business. The Organization of Petroleum Exporting Countries sets the price of oil in dollars. The dollar is the currency of denomination of half of all international debt securities. More than 60% of the foreign reserves of central banks and governments are in dollars. (Wall Street Journal) | |||
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keywords: Australia, Bank Of China, Barry Eichengreen, Beijing, Chile, China, Derivatives, Dollar, Dow Jones, Euro, European Union, Federal Deposit Insurance Corporation, Federal Reserve, Financial Crisis, G20, Hong Kong, Jose Angel Gurria, Lehman Brothers, New York, Organization Of The Petroleum Exporting Countries, Paris, Peso, Shanghai, South Korea, Switzerland, US Department Of The Treasury, United States, University Of California, Yuan
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| 10/21/2010 |
Cyber Attack Strikes FreedomWorks A mysterious cyber attack apparently struck the computer servers at the pro-tea party group FreedomWorks this morning, just as it launched a major fund-raising drive. FreedomWorks officials are investigating, but they suspect they were attacked deliberately, perhaps by a political opponent seeking the thwart its fund-raising efforts. The attack crippled the site at about 9:45 a.m. just when the fund-raising drive was publicized on the radio by conservative talk show host Glenn Beck. The group estimates it lost about $80,000 in potential donations as it struggled to bring its site back online. An “autopsy” showed a highly sophisticated hacker struck at 6:55 a.m., the group said, setting the stage for the eventual meltdown. The server was wiped out, though group officials said no data was lost or stolen. (Wall Street Journal) | |||
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keywords: Adam Brandon, Cybersecurity, Dick Armey, Freedomworks, Glenn Beck, Internet, Tea Party, United States
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| 9/25/2010 |
Cyber Attacks Test Pentagon, Allies and Foes Cyber espionage has surged against governments and companies around the world in the past year, and cyber attacks have become a staple of conflict among states. U.S. military and civilian networks are probed thousands of times a day, and the systems of the North Atlantic Treaty Organization headquarters are attacked at least 100 times a day, according to Anders Fogh Rasmussen, NATO's secretary-general. "It's no exaggeration to say that cyber attacks have become a new form of permanent, low-level warfare," he said. More than 100 countries are currently trying to break into U.S. networks, defense officials say. China and Russia are home to the greatest concentration of attacks. The Pentagon's Cyber Command is scheduled to be up and running next month, but much of the rest of the U.S. government is lagging behind, debating the responsibilities of different agencies, cyber-security experts say. The White House is considering whether the Pentagon needs more authority to help fend off cyber attacks within the U.S. (Wall Street Journal) | |||
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keywords: Al-qaeda, Anders Fogh Rasmussen, Barack Obama, Bushehr, China, Cybersecurity, Estonia, Georgia (country), India, International Institute Of Strategic Studies, Internet, Iran, Israel, James Appathurai, Jamie Shea, Japan, John Sawers, Jonathan Evans, Keith Alexander, MI5, MI6, Military, Nigel Inkster, Nigel Sheinwald, North Atlantic Treaty Organization, North Korea, Nuclear Power Plants, Pakistan, Pentagon, Russia, South Korea, Terrorists, UK Parliament, US Department Of Homeland Security, United Kingdom, United Nations, United States, White House
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| 8/10/2010 |
Google Agonizes on Privacy as Ad World Vaults Ahead A confidential, seven-page Google Inc. "vision statement" shows the information-age giant in a deep round of soul-searching over a basic question: How far should it go in profiting from its crown jewels—the vast trove of data it possesses about people's activities? (Wall Street Journal) | |||
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keywords: AOL, Aitan Weinberg, Alma Whitten, Ari Brand, Bluekai Inc, Doubleclick, Exelate Media, Facebook, Federal Trade Commission, Gokul Rajaram, Google, Internet, Microsoft, Privacy, Sergey Brin, Tim Armstrong, United States, Wall Street Journal, Yahoo
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| 7/22/2010 |
Virus Attacks Siemens Plant-Control Systems Computer hackers have designed a virus that targets industrial control systems built by German engineering giant Siemens AG, activating a kind of malicious software that analysts say represents a growing corporate-espionage threat. The virus, dubbed Stuxnet, is spread by devices plugged into USB computer ports. It is programmed to try to steal data from computer systems that are used to monitor large automated plants built for anything from manufacturing to power generation to water treatment. Siemens is one of the world’s largest makers of such industrial automated systems, though it doesn’t break out its annual revenue from such sales. (Wall Street Journal) | |||
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keywords: Computer Virus, Cybersecurity, Eset, Germany, Nuclear Power Plants, Pierre-marc Bureau, Siemens, Stuxnet, Supervisory Control And Data Acquisition, United States
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| 6/15/2010 |
Mexico To Limit US Dollar Cash Transactions To Combat Crime Mexico's Finance Minister Ernesto Cordero said Tuesday the government will seek to limit cash transactions in U.S. dollars as an anti-money laundering measure aimed at fighting organized crime. Mexico receives more than $10 billion a year in suspicious dollar flows, Cordero said at a press conference. The new rules, some of which will take effect during the next 90 days, will limit dollar bank deposits, the payment of loans and services, as well as foreign exchange transactions to between $1,500 and $7,000 a month, depending on the profile of the client, he said. (Wall Street Journal) | |||
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keywords: Dollar, Ernesto Cordero, Felipe Calderon, Financial Crisis, Mexico, United States, War On Drugs
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| 6/14/2010 |
Data Show Big Exposure for Banks in Euro Zone French and German banks continued to hold the greatest exposure to euro-zone countries facing market pressures at the end of last year, underscoring their interest in restoring investor confidence in the region. Data released Sunday by the Bank for International Settlements showed that banks based in the 16 countries that use the euro accounted for $1.58 trillion, or 62%, of all internationally active banks' exposures to residents of Greece, Ireland, Portugal and Spain. That included $727 billion of exposure to Spain, $402 billion to Ireland, $244 billion to Portugal and $206 billion to Greece, with about half of the Greek ... (Wall Street Journal) | |||
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keywords: Bank For International Settlements, Euro, European Union, Financial Crisis, France, Germany, Greece, Ireland, Portugal, Spain
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| 5/6/2010 |
Boots & Coots Reports First Quarter Results "One event was the mobilization cost for the new ONGC secure and salvage project. By the end of the quarter we had mobilized and expect to realize the positive financial impact of the project in the second quarter. In addition there were costs associated with a higher than expected currency devaluation expense in Venezuela and expenses incurred relating to our announced merger agreement with Halliburton, both non-operational items." (Wall Street Journal) | |||
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keywords: Africa, Big Oil, Boots & Coots, Deepwater Horizon, Eagle Ford Shale, Halliburton, Houston, Jerry Winchester, Oil States Energy Services, Securities And Exchange Commission, Texas, United States, Venezuela, Wall Street
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| 5/6/2010 |
Oilfield-Services Firm Boots & Coots Posts 64% Profit Drop Boots & Coots Inc.'s (WEL) first-quarter earnings fell 64% as the oilfield-services company was impacted by items ranging from Venezuela's currency devaluation earlier this year to its pending acquisition by Halliburton Co. (HAL). (Wall Street Journal) | |||
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keywords: Big Oil, Boots & Coots, Deepwater Horizon, Dow Jones, Halliburton, Jerry Winchester, Thomson Reuters, United States, Venezuela, Wall Street
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| 5/3/2010 |
BP's Worsening Spill Crisis Undermines CEO's Reforms When Mr. Hayward took over BP's leadership from John Browne three years ago this week, the company was at one of the lowest points in its history: badly run, accident-prone and accused in the aftermath of a deadly explosion at its Texas City refinery of putting profits before safety. Mr. Hayward turned BP around, boosting production, cutting costs and significantly reducing on-the-job injuries. Last month, he was confident enough to talk of an irreversible "change of culture" at BP. (Wall Street Journal) | |||
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Source Removed! InfoWarDocs Backup:
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keywords: Alabama, Alaska, Arctic, Barack Obama, Bobby Jindal, British Petroleum, Deepwater Horizon, Edinburgh University, Florida, Goldman Sachs, Gulf Of Mexico, John Browne, Ken Salazar, Louisiana, Mississippi, Morgan Stanley, North Sea, Oman, Papua New Guinea, Prudhoe Bay, Texas City, Tony Hayward, Toyota, US Chemical Safety Board, US Coast Guard, US Occupational Safety And Health Administration, United States, White House, Yemen
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| 4/30/2010 |
It’s Now the ‘BP Spill’ In the last couple of days, the administration has shifted from calling the spill at a British Petroleum well the “Deepwater Horizon incident” to the BP spill. And President Barack Obama said again today that “BP is ultimately responsible under the law for paying the costs of response and cleanup operations.” (Wall Street Journal) | |||
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| 4/26/2010 |
Police Let Terrorist Slip Through But Port Authority and FBI officials with knowledge of the investigation said there were factors that made the search of Mr. Zazi's car a touchy proposition. The Port Authority stopped Mr. Zazi at the behest of the FBI, which had tracked him nearly 1,800 miles from Colorado. To avoid tipping him off, they pretended the stop was a random drug checkpoint. (Wall Street Journal) | |||
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keywords: 7/7 London Bombings, 9/11, Afghanistan, Al-qaeda, Federal Bureau Of Investigation, Imam Ahmad Wais Afzali, Najibullah Zazi, New Jersey, New York, New York City, Police, Ron Kuby, Terrorists, United States, War On Drugs
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| 4/12/2010 |
Robbins Umeda LLP Announces an Investigation of the Acquisition of Boots & Coots, Inc. by Halliburton Co. (Wall Street Journal) | |||
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keywords: Big Oil, Boots & Coots, Derivatives, Halliburton, Robbins Umeda, United States, Wall Street
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| 3/2/2010 |
Details of “Einstein” Cyber Shield Disclosed by White House The Obama administration lifted the veil Tuesday on a highly-secretive set of policies to defend the U.S. from cyber attacks. It was an open secret that the National Security Agency was bolstering a Homeland Security program to detect and respond to cyber attacks on government systems, but a summary of that program declassified Tuesday provides more details of NSA’s role in a Homeland program known as Einstein. The current version of the program is widely seen as providing meager protection against attack, but a new version being built will be more robust–largely because it’s rooted in NSA technology. The program is designed to look for indicators of cyber attacks by digging into all Internet communications, including the contents of emails, according to the declassified summary. Homeland Security will then strip out identifying information and pass along data on new threats to NSA. It will also use threat information from NSA to better identify emerging cyber attacks. (Wall Street Journal) | |||
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| 8/25/2009 |
Tim Geithner evades questions about bank bailouts Part 1 of 2 (Wall Street Journal) | |||
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| 8/25/2009 |
Tim Geithner evades questions about bank bailouts Part 2 of 2 (Wall Street Journal) | |||
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| 6/26/2009 |
Climate Bill Passes Key Procedural Hurdle in House Democrats Still May Not Have Votes for Final Passage (Wall Street Journal) | |||
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keywords: Barack Obama, Carbon Dioxide, China, Climate Change, Ellen Tauscher, India, Nancy Pelosi, United States, US Congress, White House
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| 6/26/2009 |
The Cap and Tax Fiction Democrats off-loading economics to pass climate change bill (Wall Street Journal) | |||
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| 6/24/2009 |
Climate Bill Set for Vote After Deal Is Reached "There are some issues still under discussion, but we are confident we can resolve them by the time the bill goes to the floor on Friday." (Wall Street Journal) | |||
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keywords: Barack Obama, Carbon Dioxide, Edward Markey, Henry Waxman, Josh Syrjamaki, Nancy Pelosi, Timothy Walz, United States
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| 6/17/2009 |
Plan for More Fed Power Could Become a Lightning Rod The plan envisions a new regulatory regime for systemically important payment, clearing and settlement systems, a "clear and comprehensive federal authority for oversight" focused on the risk management of settlement systems (Wall Street Journal) | |||
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| 6/15/2009 |
Details Set for Remake of Financial Regulations At the center of the plan, which administration officials are referring to as a "white paper," is a move to remake powers of the Federal Reserve to oversee the biggest financial players, give the government the power to unwind and break up systemically important companies -- much like the Federal Deposit Insurance Corp. does with failed banks -- and create a new regulator for consumer-oriented financial products (Wall Street Journal) | |||
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keywords: American International Group, Barack Obama, Barney Frank, Bill Clinton, Chris Dodd, Commodity Futures Trading Commission, Federal Deposit Insurance Corporation, Federal Reserve, Financial Crisis, G8, Henry Paulson, Office Of Thrift Supervision, Securities And Exchange Commission, Timothy Geithner, United States, US Congress, US Department Of The Treasury, White House
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| 6/15/2009 |
It’s Time to Cool the Planet Cutting greenhouse gases is no longer enough to deal with global warming, says Jamais Cascio. He argues that we also have to do something more direct—and risky (Wall Street Journal) | |||
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keywords: Arctic, Climate Change, Geo-engineering, India, Russia, United States
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| 6/12/2009 |
Fraudsters eye huge stimulus pie, consultant says Companies will face extra requirements to prevent problems (Wall Street Journal) | |||
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| 6/5/2009 | Wal-Mart to tap into 'new normal' consumer mentality CEO Duke says recession gains are 'sustainable'; $15 billion buyback planned (Wall Street Journal) | |||
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keywords: China, Financial Crisis, Russia, United States, Wal-mart
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| 6/3/2009 |
Congress Helped Banks Defang Key Rule Not long after the bottom fell out of the market for mortgage securities last fall, a group of financial firms took aim at an accounting rule that forced them to report billions of dollars of losses on those assets (Wall Street Journal) | |||
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keywords: Financial Crisis, United States, US Congress
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| 5/16/2009 |
The Elite Gather in Greece for a Not-So-Secret Meeting The managers of world capitalism aren't always popular, which is one reason the Group of Seven leaders now meet in out-the-way resorts that are hard for protestors to reach (Wall Street Journal) | |||
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keywords: Alternative Media, Athens, Bilderberg Group, Domenico Siniscalco, European Central Bank, Fiat, Greece, Henry Kissinger, James Steinberg, Jean-claude Trichet, John Elkann, Kostas Karamanlis, Margaret Thatcher, Morgan Stanley, Robert Zoellick, US Department Of State, United States, World Bank
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| 5/15/2009 |
Obama to Revamp Military Panels for Detainees Obama administration expects to use revamped commissions not only for some of the roughly 240 current Guantanamo prisoners, but possibly also for some captured in future counterterrorism operations (Wall Street Journal) | |||
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keywords: 9/11, Africa, Ahmed Ghailani, Ali Al-marri, American Civil Liberties Union, Barack Obama, Cuba, Detainees, Eric Holder, George W Bush, Gregory Craig, Guantanamo Bay, Khalid Sheikh Mohammed, Lakhdar Boumediene, Lindsey Graham, Military Tribunals, New Orleans, Salim Hamdan, Terrorists, Torture, US Congress, US Department Of Defense, US Department Of Justice, United States, White House
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| 5/14/2009 |
Obama Considers Detaining Terror Suspects Indefinitely weighing plans to detain some terror suspects on U.S. soil -- indefinitely and without trial -- as part of a plan to retool military commission trials that were conducted for prisoners held in Guantanamo Bay, Cuba (Wall Street Journal) | |||
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keywords: Barack Obama, Cuba, Detainees, Guantanamo Bay, Terrorists, Torture, United States
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| 5/14/2009 |
White House Czar Calls for End to 'War on Drugs' Kerlikowske Says Analogy Is Counterproductive; Shift Aligns With Administration Preference for Treatment Over Incarceration (Wall Street Journal) | |||
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keywords: American Civil Liberties Union, Barack Obama, Drug Policy Alliance, Gil Kerlikowske, James Pasco, Needle-exchange Programs, Police, Richard O'neill, Seattle, Tom Coburn, United States, War On Drugs
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| 5/8/2009 |
CIA Says It Briefed Congressional Leaders document appears to conflict with recent statements from House Speaker Nancy Pelosi (Wall Street Journal) | |||
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keywords: Barbara Mikulski, Carl Levin, Central Intelligence Agency, Christopher S Bond, Chuck Hagel, Detainees, Dianne Feinstein, Evan Bayh, John D Rockefeller IV, Mike Dewine, Nancy Pelosi, Olympia J Snowe, Orrin Hatch, Pat Roberts, Ron Wyden, Russell Feingold, Saxby Chambliss, Torture, Trent Lott, United States, US Congress
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| 5/7/2009 |
Decision on Flu Vaccine Looms Steering Resources to Fight New Strain Raises Public-Health, Financial Questions (Wall Street Journal) | |||
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| 5/5/2009 |
401(k)s Hit by Withdrawal Freezes Investors Cry Foul as Some Funds Close Exits; Perils of Distressed Markets (Wall Street Journal) | |||
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keywords: 401ks, Financial Crisis, Pensions, Stock Market, United States
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| 4/6/2009 |
China's Yuan Ambitions: Currency swap agreements are part of a larger plan to extend the Chinese currency's role in global trade. China is playing a growing role in discussions over solutions to current economic problems. Much of the talk has focused on money -- whether Premier Wen Jiabao's concerns about the value of China's U.S. treasury investments, or the People's Bank of China's paper floating the idea of a de-dollarized international monetary system. Up to now, one limit to China's ability to contribute to global monetary reform has been its own currency policy, particularly the fact that the yuan is not convertible. However, now there are tentative signs that's starting to change. Beijing has signed currency swap agreements with six central banks: Hong Kong, Indonesia, Korea, Malaysia, Belarus and most recently Argentina. These swaps permit those central banks to sell yuan to local importers in those countries who want to buy Chinese goods. This is particularly useful for importers struggling to obtain trade finance as a result of the financial crisis. As such, it's consistent with China's desire to participate in the Group of 20's efforts to support trade financing. China has long wanted its currency to play a more important role in the global financial system. These swap arrangements come in the context of that broader policy aim. The broader policy goal also has a more practical function in reducing currency exposure and transaction costs for Chinese exporters. The rise in the yuan's value relative to the dollar in early 2008 was a reason why some Chinese exporters went bankrupt. The ability to settle trade in yuan would reduce this risk in the future. (Wall Street Journal) | |||
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keywords: Argentina, Asia, Belarus, China, China's State Council, Dollar, Federal Reserve, Financial Crisis, G20, Guangdong, Guangxi, Hong Kong, Indonesia, Korea, Macau, Malaysia, People's Bank Of China, Royal Bank Of Scotland, US Department Of The Treasury, United States, Wen Jiabao, Yuan, Yunnan
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| 3/9/2009 |
Who Pays for Cap and Trade? Hint: They were promised a tax cut during the Obama campaign Cap and trade, in other words, is a scheme to redistribute income and wealth -- but in a very curious way. It takes from the working class and gives to the affluent (Wall Street Journal) | |||
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| 3/7/2009 |
Cybersecurity Chief Resigns The government's coordinator for cybersecurity programs has quit, criticizing what he described as the National Security Agency's grip on cybersecurity. Rod Beckstrom, a former Silicon Valley entrepreneur, said in his resignation letter that the NSA's central role in cybersecurity is "a bad strategy" because it is important to have a civilian agency taking a key role in the issue. The NSA is part of the Department of Defense. (Wall Street Journal) | |||
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| 1/28/2009 |
How realistic is a North American currency? Commentary: Uniting U.S., Canada, Mexico money could result from crisis Canadian economist Herbert Grubel first introduced a potential manifestation of this concept in 1999. The North American Currency -- called the "Amero" in select circles -- would effectively comingle the Canadian dollar, U.S. dollar and Mexican peso. (Wall Street Journal) | |||
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keywords: Amero, Canada, Dollar, Federal Reserve, Herbert Grubel, Mexico, New World Order, North American Union, Peso, Thomas Jefferson, United States, Working Group On Financial Markets
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| 1/9/2009 |
Exxon CEO Advocates Emissions Tax The chief executive of Exxon Mobil Corp. for the first time called on Congress to enact a tax on greenhouse-gas emissions in order to fight global warming. In a speech in Washington, Rex Tillerson said that a tax was a "more direct, a more transparent and a more effective approach" to curtailing greenhouse gases than other plans popular in Congress and with the incoming Obama administration. "My greatest concern is that policy makers will attempt to mandate or ordain solutions that are doomed to fail," Mr. Tillerson said. The policy he is advocating is often called a carbon tax because it would be imposed on emissions of carbon dioxide, the most common man-made greenhouse gas. By backing it, Mr. Tillerson has become an unlikely member of a club that includes former Vice President Al Gore, consumer advocate Ralph Nader and President-elect Barack Obama's designated head of the National Economic Council, Larry Summers. (Wall Street Journal) | |||
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keywords: Al Gore, Barack Obama, British Petroleum, Carbon Dioxide, Center For American Progress, Climate Change, Conocophillips, Daniel Weiss, Environmental Protection Agency, Exxon Mobil, Larry Summers, Michael Webber, National Economic Council, Ralph Nader, Rex Tillerson, Royal Dutch Shell, US Congress, United States, University Of Texas
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| 12/3/2008 |
We Need a Global Carbon Tax The cap-and-trade approach won't stop global warming If President Barack Obama wants to stop the descent toward dangerous global climate change, and avoid the trade anarchy that current approaches to this problem will invite, he should take Al Gore's proposal for a carbon tax and make it global. A tax on CO2 emissions -- not a cap-and-trade system -- offers the best prospect of meaningfully engaging China and the U.S., while avoiding the prospect of unhinged environmental protectionism. A global carbon tax levied on a relatively small number of large sources can be monitored by satellite and checked against the annual surveillance of fiscal and economic polices already carried out by IMF staff. Thus, the accounting involved is much more precise and much less subject to the vagaries of corruption and conflict over which industries and companies get their free handouts of carbon credits -- carbon pork -- than in a cap-and-trade system. (Wall Street Journal) | |||
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keywords: Al Gore, Bali, Barack Obama, Carbon Dioxide, China, Chlorofluorocarbon, Climate Change, David Runnalls, Environmental Protection Agency, European Union, Fatih Birol, Greenhouse Gases, Intergovernmental Panel On Climate Change, International Energy Agency, International Institute For Sustainable Development, International Monetary Fund, Japan, John Warner, Joseph Lieberman, Montreal Protocol, Ralph Nader, United Nations, United States
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| 11/19/2008 |
Rahm Emanuel on the Opportunities of Crisis "You never want a serious crisis to go to waste. And what I mean by that its an opportunity to do things you'ld think you could not do before." (Wall Street Journal) | |||
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| 11/12/2008 |
Paulson changes tack on financial rescue Consumer-finance sector will get help, but mortgage asset plan's shelved But in a striking admission, Paulson said that buying up mortgage assets "is not the most effective way" to use government funding. Purchasing these so-called "toxic" assets was once the cornerstone of the rescue plan for financial markets and was almost the entire focus of Congress when the package was being debated before its enactment. But almost as soon as Treasury received the money, it decided that giving capital to banks in return for preferred stock was a better use of the funds. (Wall Street Journal) | |||
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keywords: Alex Merk, Bailouts, Barack Obama, Brian Bethune, Derivatives, Federal Reserve, Financial Crisis, G20, Harvard University, Henry Paulson, His Global Insight, Martin Feldstein, Merk Investments, Palo Alto, Residential Mortgage-backed Securities, US Congress, US Department Of The Treasury, United States
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| 10/15/2008 |
Democrats Mull $300 Billion Stimulus House Speaker Nancy Pelosi is mulling recommendations from several economists that Congress act on an economic-recovery package that would cost taxpayers $300 billion, according to congressional aides, equivalent to about 2% of the country's gross domestic product (Wall Street Journal) | |||
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keywords: Barney Frank, Ben Bernanke, Fannie Mae, Federal Deposit Insurance Corporation, Federal Reserve, Financial Crisis, Franklin D Roosevelt, Freddie Mac, George W Bush, Great Depression, John Boehner, Judd Gregg, Nancy Pelosi, Stimulus Package, Tom Harkin, United States, US Congress, US Department Of The Treasury, White House
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| 10/8/2008 |
Fed to lend billions more to AIG Under the program, the New York Federal Reserve Bank will provide $37.8 billion in additional cash to certain domestic life insurance subsidiaries of AIG in return for investment-grade, fixed-income securities (Wall Street Journal) | |||
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| 9/29/2008 |
U.S. stocks hammered after House rejects rescue Dow posts biggest point loss ever, topping plunge after Sept. 11, 2001 Taking unprecedented steps, the Fed and other major central banks on Monday poured hundreds of billions of dollars of added liquidity into money markets left paralyzed by fears of further bank failures in the United States and Europe. (Wall Street Journal) | |||
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keywords: 9/11, American Express, Apple, Bailouts, Bank Of America, Belgium, Bradford & Bingley, Citigroup, Cleveland, Credit Suisse, Dow Jones, European Union, Fannie Mae, Federal Deposit Insurance Corporation, Federal Reserve, Fortis, Freddie Mac, Germany, Glitnir Hf, Google, Howard Silverblatt, Hypo Real Estate, Iceland, Luxembourg, Marc Groz, Nasdaq, National City Bank, Netherlands, New York Stock Exchange, Residential Mortgage-backed Securities, Resolution Trust Corp, Standard & Poor's, Topos Llc, US Department Of Commerce, United Kingdom, United States, Wachovia, Wall Street, Washington Mutual
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| 9/19/2008 |
One Week Later, a New World Order Just five days and a bankruptcy, a government takeover and a shotgun merger later, the American financial system has been completely reordered, and more changes in the regulatory framework and on Wall Street are likely to come in the next few years (Wall Street Journal) | |||
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| 6/17/2008 |
Lawmakers Make Surprise Move to Keep Lockheed Fighter Alive A House committee threw a wrench in the Obama administration's plans to end Lockheed Martin Corp.'s F-22 Raptor fighter program, voting instead to add $369 million in extra funding to keep production of the Air Force's most advanced jet alive (Wall Street Journal) | |||
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keywords: Barack Obama, China, Lockheed Martin, Pentagon, Rob Bishop, Robert Gates, Russia, United States, US Air Force, US Congress
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| 5/29/2008 |
The cost of soaring public and private debt levels Commentary: Examining Kevin Phillips' theories (Wall Street Journal) | |||
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| 3/10/2008 |
NSA's Domestic Spying Grows As Agency Sweeps Up Data Five years ago, Congress killed an experimental Pentagon antiterrorism program meant to vacuum up electronic data about people in the U.S. to search for suspicious patterns. Opponents called it too broad an intrusion on Americans' privacy, even after the Sept. 11 terrorist attacks. But the data-sifting effort didn't disappear. The National Security Agency, once confined to foreign surveillance, has been building essentially the same system. The central role the NSA has come to occupy in domestic intelligence gathering has never been publicly disclosed. But an inquiry reveals that its efforts have evolved to reach more broadly into data about people's communications, travel and finances in the U.S. than the domestic surveillance programs brought to light since the 2001 terrorist attacks. (Wall Street Journal) | |||
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Source Removed! InfoWarDocs Backup:
http://AltBib.Com/bak/dox/2143.html | ||||
keywords: 9/11, 9/11 Commission, Al-qaeda, Anthony Diclemente, At&t, Carnivore, Central Intelligence Agency, Cold War, Cybersecurity, Detroit, Digital Collection System, Electronic Frontier Foundation, Federal Bureau Of Investigation, Federal Communications Commission, Foreign Intelligence Surveillance Act, Fort Meade, Harry Truman, Intelligence, Internet, Jack Cloonan, John Miller, Judith Emmel, Kit Bond, Michael Hayden, Myspace, National Security Agency, Pentagon, Privacy, Quantico, Quantico VA, Religion, Robert Mueller, Ron Wyden, Russ Knocke, Society For Worldwide Interbank Financial Telecommunication, Sun Microsystems, Susan Landau, Suzanne Spaulding, Terrorists, US Congress, US Constitution, US Department Of Homeland Security, US Department Of Justice, US Department Of The Treasury, US Information Awareness Office, US Marine Corps, US Supreme Court, United States, Usa Patriot Act, White House
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| 3/7/2008 |
New 'super-spike' might mean $200 a barrel oil Goldman's projections foretell persistent turbulence in energy prices (Wall Street Journal) | |||
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keywords: Big Oil, Financial Crisis, Goldman Sachs, United States, Wall Street
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